Stock market capitalization, up by 6% in Romania

Stock market capitalization, up by 6% in Romania

The total capitalization of the Bucharest Stock Exchange (BVB) reached EUR 29.2 billion at the end of last year.
Local companies’ market capitalization share in the GDP amounted to 12.2%, a similar level to 2013, according to the Financial Supervisory Authority (ASF).
In 2014, the total value of the bourse transactions reached EUR 3.1 million, up 6.56% over 2013. Last year, the local economy recorded a 2.9% growth. It stayed in the top seven European countries in terms of the GDP dynamics, according to ASF. The favorable macroeconomic context had a positive influence on Romania’s capital market.
Source: romania-insider.comTags: BVB, Financial Supervisory Authority, Stock market capitalization